1052 Rat Bay 103-1 Road, Lake of Bays (Franklin), Ontario P1H2J6

Listing courtesy of Chestnut Park Real Estate.

$15,000
2
BD
1
BA

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$15,000
MLS®
X13517294
Days on Market
25
Status
ACTIVE
Type
Condo
Subtype
Single Family
Bedrooms
2
Bathrooms
1
Subdivision
Franklin

Property Description

Blue Water Acres has almost 50 acres of Muskoka paradise and 300 feet of south-facing frontage on Lake of Bays. This is FRACTIONAL ownership. It is NOT a timeshare. You would actually own a 1/10th share of the cottage that you buy which includes a share in the entire complex. This gives you the right to use the cottage for five weeks per year: one core summer week, plus 4 more floating weeks in the other seasons. Some owners rent their weeks out to help cover maintenance costs. Rental rates for Deerview cottage range from $1,659/wk to $3,009/wk depending on the season. If it's rented through Blue Water Acres the revenue is split 50/50. If you rent it out yourself you get to keep 100% of the revenue. Facilities include an indoor swimming pool, whirlpool, sauna, games room, fitness room, activity center, gorgeous sandy beach with shallow water ideal for kids, great swimming, kayaks, canoes, paddleboats, skating rink, tennis court, playground, and walking trails. You can moor your boat for your weeks during boating season. This 2 bedroom cottage is called 103 Deerview, Week 1 . Check-in is on Fridays at 4 p.m. ANNUAL maintenance fee PER OWNER for Deerview 103 in 2026 is $4,629 + HST. Core (fixed) week in 2026 starts on June 26/25. Floating weeks for 2026 start on: March 6, June 12, June 26 (core week), October 30, December 25. Maintenance fee is paid in the fall of each year for the following year but you only pay for the weeks that you have possession of the cottage. There is no HST on the purchase price. All cottages are PET-FREE and Smoke-free. (id:5764)

Additional Information

Ownership
Condo/Strata
View
Lake view, Direct Water View
Subdivision
Franklin
Parking Spaces
2
Water Body Name
Lake of Bays
Fireplaces
1
Pool
Yes
Country
Canada
Community Features
Pets not Allowed
Heating
Baseboard heaters, Electric
Lot Features
Wooded area, Sloping, Level
Architectural Style
Bungalow
Pool Features
Indoor pool
Stories
1
Waterfront
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks